The Australian Competition and Consumer Commissions (ACCC) case against embattled franchise JUMP! Swim Schools is mounting. In a pre-trial case management hearing in Federal Court, the watchdog called for greater sanctions and a JUMP! asset freezing extension.
In June, the Federal Court issued freezing orders against the company and founder Ian Michael Campbell.
The move came just days before the ACCC officially launched legal action against the franchise, however on Friday, new concerns were raised.
The watchdog argued that the asset freezing order be extended to cover foreign entities and transactions.
JUMP! foreign entities
The primary concerns related to the incorporation of Jump Swim School Franchise Corp. The US company…
Read the full article at: https://www.franchisebusiness.com.au/news/jump-asset-freezing-extension/